AUSTIN – The state’s biggest pension fund shed more than $500 million worth of investments in BlackRock – the world’s largest asset manager – to comply with a...
In response to a push on Wall Street for environmentally conscious investing, a Texas law requires large state pension funds to divest from companies that “boycott” oil and gas.
Construction workers move material for a roof restoration project at the Texas Capitol as the first day of the 88th Texas Legislative Session begins in Austin, Texas, Tuesday, Jan. 10, 2023.
Records of the divestments, released by TRS this week in response to an open records request, provide the first details on how state pensions are affected by the 2021
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